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April 8 2021 | Buying/Selling

Toronto Real Estate Market Watch March 2021

Let’s go back to March 2020, that is right when the pandemic hit hard. Around that time, condos had been selling through the roof. The average cost of a condo in March 2020 was $658,791 and there wasn’t a ton of inventory. If we fast forward to today and take a look at all asset classes: condos, townhouses, row houses, semi-detached and detached homes, the average price for a home in Toronto is $1,083,322 which is up 9.7% from last year.

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